This year’s most read was dominated by the sad demise of national haulier Canute, which never recovered from the end of its long-term contract with retailer Wilko last year. The contract was picked up Wincanton and represented more than 30% of Canute Group’s revenue at that time – a staggering £30m. Reports that Canute had been late paying staff surfaced in the spring as did eight O-licences in the name of Almtone. The O-licences named Canute’s Gamston depot as Almtone’s location […]
TNT Express has announced the intended sale of its Dutch TNT Fashion Group operation to a consortium formed by Belgian fashion and lifestyle logistics firm Belspeed and Turkish logistics and transport conglomerate Netlog Group.
Eddie Stobart Logistics has successfully completed its transformation into a stand-alone business after the acquisition of a 51% stake in the operator by private equity firm DouglasBay Capital on 10 April 2014, according to its parent company.
Jonen Shipping has moved from Palletline to Eddie Stobart owned TPN.